Word: plugging
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with low-priced cottons, has exported almost as much in the past five months as it did in the previous twelve. To plug the flow, the U.S. invoked a gentleman's agreement-approved by 16 countries in Geneva last summer-which says that a country whose textile markets are disrupted by another country's exports can sharply restrict them. With that in hand, the Administration last week shut off imports of eight kinds of Hong Kong cotton textiles, including sweaters, shirts, raincoats and ginghams...
Last week the U.S. Cigar Manufacturers Association called on the President and Congress to plug this loophole. In Tampa, more than 600 cigarmen have already been laid off. But manufacturers seemed in no hurry to follow the leader to the Canaries. Asked James J. Corral, president of the 657-man Corral-Wodiskay Cia.: "What if you establish a factory there and they change the rules of the game on you? You've lost a lot of money, that...
More than 35,000 German and other NATO troops were committed to the rescue operations. Even floatable barrels were pressed into service to save flood victims. German air force planes dropped 350,000 sandbags to plug holes in the dikes; helicopters fluttered over drowning villages picking up survivors and dropping milk for starving infants. In Hamburg, Danish frogmen dived beneath the waters to hunt for bodies: for six hours two Bundeswehr soldiers stood in shoulder-deep water holding two children piggyback. The parents of the children finally succumbed to exhaustion and slipped beneath the flood tide. It was so cold...
...again he quit, scraping together $97.50 to start a tiny business making an electric socket he had designed. It failed miserably ("It was a grim year. I had to pawn my wife's kimono"), but he struggled along with subcontract work until he developed an electrical attachment plug that could be sold for 30% less than his competitors' plugs. By the time he was 27, he was a success...
Died. Robert Allen Stranahan Sr., 75, bluff board chairman of Toledo's Champion Spark Plug Co. (and father of Professional Golfer Frank Stranahan), who started making spark plugs as a hobby after his graduation from Harvard in 1908, ultimately built his spare-time enterprise into a $100 million business in automotive parts and accessories; after a long illness; in Toledo...